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India.com
3 days ago
- Business
- India.com
Week Ahead: Economic Data And Crucial US-India Trade Talks Set To Steer Market Mood
New Delhi: The upcoming week from July 28 to August 1, 2025, is crucial for global stock markets, with key economic events scheduled in the United States, India, and China that could strongly influence investor sentiment. Market experts emphasize that progress in the ongoing India-US trade deal talks is being closely watched, as a positive outcome or signs of progress would ease uncertainties and boost market confidence. India's Commerce Minister Piyush Goyal has expressed optimism, stating that remarkable progress is being made, and negotiations are advancing rapidly toward a significant partnership, although some issues like tariffs on agriculture remain unsettled. In India, the week starts with the release of Industrial Production data on July 28, followed by the HSBC India Manufacturing PMI on August 1, both key indicators of the manufacturing sector's health. China will release its Manufacturing PMI on July 31, reflecting broader industrial activity in the region. Meanwhile, the US will focus on critical data including the Federal Reserve's FOMC interest rate decision on July 30, along with GDP growth and employment reports that will shape expectations on monetary policy amid ongoing inflation concerns. The Indian benchmark Nifty index has been declining for four weeks, weighed down by weak corporate earnings—many companies have reported results below expectations during the current quarter—and ongoing global trade uncertainties. Even though the index briefly rallied above its 20-day moving average midweek, the positive momentum did not sustain due to renewed selling pressure. Market analysts attribute the persistent weakness not only to disappointing earnings but also to the lack of strong domestic triggers and unresolved global trade issues. Overall, while bad earnings add to market pressures, they are compounded by uncertain global trade negotiations and limited fresh buying interest, creating a bearish sentiment in the market. Yet, experts remain hopeful that any positive surprises in earnings or constructive developments in trade talks, especially between India and the US, could provide a welcome boost during the week ahead.
Mint
3 days ago
- Business
- Mint
Market watch: Global economic events, US trade talks outcome to drive market sentiment
Mumbai [India], : The upcoming week is set to be crucial for stock markets, with a flurry of key economic events scheduled across the United States, India, and China. Market experts suggest that investor sentiment could be significantly influenced by economic indicators, particularly the outcome of ongoing trade deal discussions between India and the US, which are being closely monitored for signs of progress. "The week from 28 July to 01 August 2025 is packed with key economic events across the United States, India, and China, which could significantly influence global market sentiment," the Bajaj Broking Research team said in its weekly market note. Meanwhile, experts say that positive surprises from the first-quarter financial season could positively shape sentiment. "At this stage, any positive development on the global front, particularly around trade negotiations involving the US, could act as a much-needed catalyst for the market. A constructive outcome or even signs of progress in trade talks would help ease investor concerns. Also, from the remainder of Quarterly Results, any positive surprise could also lead to providing support at lower levels," said Sudeep Shah, Head - Technical and Derivatives Research, SBI Securities. In India, the economic week begins with the release of the Industrial Production YoY data on 28 July, which will help assess the strength of the country's industrial sector. This will be followed by the HSBC India Manufacturing PMI on August 1, which will offer insights into factory output and business conditions in the manufacturing sector. Meanwhile, China will release its Manufacturing PMI data on 31 July, an important indicator of industrial activity and business confidence in the region. In the United States, attention will be firmly on the Federal Reserve's FOMC rate decision, scheduled for July 30, a critical event that could shape expectations around interest rate policy amid persistent inflation concerns. Alongside this, the GDP Annualised QoQ and ADP Employment Change data will also be released on the same day, offering a glimpse into the economic growth trajectory and private sector hiring trends. On 31 July, the Initial Jobless Claims report will provide further clarity on the health of the labour market. The benchmark Nifty index has continued its downward trajectory, extending its losing streak for the fourth consecutive week. The analysts stated that the persistent weakness in the market can be attributed to a combination of factors, including the absence of strong positive triggers, Q1 earnings from key corporates coming in below expectations, and lingering uncertainty on the global trade deal front, all of which have dampened investor sentiment. During the week, the index made a feeble attempt to rebound from the crucial support zone; however, the recovery lacked conviction and fizzled out quickly. On Wednesday, Nifty managed to close above its 20-day EMA, briefly reviving hopes of a turnaround. But the optimism was short-lived, as renewed selling pressure dragged the index back into negative territory. The earnings season so far has largely fallen short of expectations, with several major companies reporting weaker-than-anticipated results. This underperformance has dampened investor sentiment, particularly at a time when markets were expecting strong earnings to serve as a key catalyst for upward momentum. Beyond earnings, the absence of any significant positive domestic triggers and the continued uncertainty surrounding global trade negotiations have added to the cautious mood. These combined factors are contributing to the downward pressure on the market, according to the market analysts. While weak earnings alone may not be the sole reason for the market correction, when coupled with global headwinds and a lack of fresh buying triggers, they certainly add weight to the bearish undertone prevailing in the current environment. This article was generated from an automated news agency feed without modifications to text.
Hans India
5 days ago
- Business
- Hans India
PMI composite index on strong note in June
New Delhi: India's private sector showed robust growth in July, fuelled by strong manufacturing and global demand, the HSBC Flash India Composite Purchasing Managers' Index (PMI) showed on headline HSBC Flash India Composite PMI Output Index, compiled by S&P Global, rose to 60.7 in July from 58.4 in June. The Manufacturing PMI index climbed to 59.2 in July from 58.4 in June - its highest level in nearly 17-and-a-half years. The Services PMI was 59.8 in July, down from 60.4 in June. While services activity continued to grow, the pace of expansion softened, according to the note. 'India's flash composite PMI remained healthy in July at 60.7. The strong performance was bolstered by growth in total sales, export orders, and output levels. Indian manufacturers led the way, recording faster rates of expansion than services for all of the three aforementioned metrics,' said Pranjul Bhandari, chief India economist at HSBC. International orders received by private sector firms in India rose sharply at the start of the second fiscal quarter (Q2 FY26). 'Meanwhile, inflationary pressures continue to heat up as both input costs and output charges rose in July. Finally, business confidence fell to its lowest mark since March 2023, while employment growth moderated,' Bhandari Indian companies remained optimistic about output growth over the next 12 months. There is a firm pick-up in employment, especially in the service sector, suggesting healthy job creation accompanies the expansion of both India's manufacturing and service sectors, according to the note. While goods producers indicated the slowest increase in output for three months during May, service providers reported the fastest rise since March the composite level, the latest upturn was the quickest in just over a year. Monitored companies attributed growth to buoyant demand, investment in technology and expanded capacities, said the HSBC survey.
Yahoo
5 days ago
- Business
- Yahoo
Markets, Data, Earnings All Mixed
Thursday, July 24, 2025Markets started the session mixed, and not much changed through the course of the trading day. The blue-chip Dow followed its +500-point Wednesday by selling off -316 points, -0.70%. The S&P 500 and the Nasdaq were both up modestly, +0.07% and +0.18%, respectively. The small-cap Russell 2000, which had been starting to draw even with the better-performing indexes, fell -1.3% on the day. Services & Manufacturing PMI Mixed in July S&P Services PMI for July came in nicely above expectations earlier today: 55.2 versus estimates of 53.2 and the previous month's 52.9 — and the highest print so far in 2025. Demand seems to be on the rebound for services; it was only this past April when we last saw this metric below 51 (50 is the threshold between growth and loss).S&P Manufacturing PMI, however — also for July — sunk below 50 for the first time since December: 49.5 on the headline, below the 52.7 anticipated and the 52.9 posted for June. New orders declined for the first time this year, perhaps owing to a pull-forward of manufacturing ahead of domestic tariff policy, which is still evolving. Earnings Results After the Bell: Intel, Deckers Outdoor Tech giant Intel INTC posted mixed results in its Q2 earnings report after the closing bell today. Negative earnings of -$0.10 per share were well off the +$0.01 expected, and the +$0.02 per share reported in the year-ago quarter. Revenues, on the other hand, came in at $12.9 billion in the quarter, nicely above the Zacks consensus of $11.87 submitted mixed guidance for next quarter, as well: while revenue expectations of between $12.6-13.6 billion pulled higher the top end of the range, but earnings for Q3 are expected at $0.00 per share, not the 2 cents Zacks analysts had projected. Plus, Intel announced it will be cutting another -15% of its workforce. It wasn't too long ago Intel had over 100K employees; they have been downsizing in a big Outdoor DECK, meanwhile, ripped estimates on both top and bottom lines, beating with earnings of 93 cents per share versus expectations of 68 cents. Revenues of $965 million rose +17% year over year, up from the $899 million in the Zacks consensus. Guidance remained in range with where are estimates already were, with Wholesale gaining +26.7% and International +49.7%. Shares had shot up as much as +20% on the news, but are dwindling back down to around +7%. Deckers had been far outperforming earnings estimates going back the past couple years, but shares had not come back from the April lows; DECK is still down around -40% year to date. What to Expect from the Market on Friday Durable Goods Orders for June are expected ahead of Friday's opening bell, looking to swing to a negative on headline. Tariff headwinds appear to have created some erratic behavior in this metric as of late, with previously low levels of gains giving way to wilder swings. April came in at -6.6%, then +16.4% in May. Estimates are for -11% in June.Q2 earnings reports continue Friday morning, as well, from oil refiner Phillips 66 PSX and auto retailer AutoNation AN. Next week, earnings reports will hit a new level, with Microsoft MSFT, Apple AAPL and Amazon AMZN posting quarterly earnings, among many or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Intel Corporation (INTC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report AutoNation, Inc. (AN) : Free Stock Analysis Report Phillips 66 (PSX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Time of India
6 days ago
- Business
- Time of India
Manufacturing PMI climbs to 17-year high of 59.2 in July
New Delhi: India's private sector activity remained strong in July, maintaining a reading above the 60 mark for the second consecutive month, with the manufacturing sector recording its highest level in 17 years, growing faster than services, according to a private survey. The HSBC Flash India Composite Output Index was at 60.7 in July, slightly lower than 61 in June. The Composite Purchasing Managers Index (PMI) is a weighted average of comparable manufacturing and services indices. Explore courses from Top Institutes in Please select course: Select a Course Category MCA Degree Data Analytics Public Policy Finance MBA Management Operations Management Healthcare Digital Marketing Artificial Intelligence Others Design Thinking Cybersecurity Data Science healthcare others Technology Leadership Data Science Product Management Project Management CXO PGDM Skills you'll gain: Programming Proficiency Data Handling & Analysis Cybersecurity Awareness & Skills Artificial Intelligence & Machine Learning Duration: 24 Months Vellore Institute of Technology VIT Master of Computer Applications Starts on Aug 14, 2024 Get Details "India's flash composite PMI remained healthy in July. The strong performance was bolstered by growth in total sales, export orders, and output levels," said Pranjul Bhandari, chief India economist at HSBC. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it legal? How to get Internet without paying a subscription? Techno Mag Learn More Manufacturing PMI climbed to 59.2, its highest level in around 17 years, "indicative of a robust improvement in the health of the manufacturing industry", the survey mentioned. Goods producers experienced a faster rise in output compared to service providers. Similarly, regarding output, manufacturers saw a sharper increase in new orders than the service sector, with growth accelerating in the former but easing in the latter. Live Events Overall, sales expanded at their quickest pace in a year. "Indian manufacturers led the way, recording faster rates of expansion than services for all of the three metrics - sales, output and export orders," said Bhandari. International orders surged to their strongest level since the series began, the survey noted, driven by demand from across the world, including Asia, Europe and US. "Growth of new export orders accelerated in the service economy, whilst it slowed among goods producers," it added. However, job creation slowed in July, marking the weakest employment growth in 15 months, with a notable slowdown in the services sector. Meanwhile, inflationary pressures continue to heat up as both input costs and output charges rose in July, said Bhandari. According to the firms surveyed, prices rose in aluminium, cotton, foodstuffs (cooking oil, egg, meat, vegetables), rubber, steel and transportation. Service firms faced a steeper rise in input costs compared to manufacturers. "Charge inflation likewise intensified in July, as private sector companies sought to share additional cost burdens with their clients by lifting selling prices," it added. Business sentiment, meanwhile, dropped to its lowest level since March 2023, though firms remained optimistic about output growth in the next 12 months. "Finally, business confidence fell to its lowest mark since March 2023, while employment growth moderated to its weakest pace in 15 months," said Bhandari.
